A recent report CNNMoney report states that physicians in the U.S. have started selling their private practices to big hospitals because of rising business costs and falling reimbursements from insurance companies. For the last five years, more than 30% to 40% of...
According to a new study by Accenture, the number of retail clinics will increase rapidly over the next few years as the Affordable Care Act (ACA) seeks to extend heath coverage to millions of uninsured U.S citizens. The report states that the number of retail clinics...
The Obamacare Employer Mandate, one of the most vaunted provisions of the Affordable Care Act (ACA), was supposed to come into effect in 2014. The mandate insists that companies with more than 50 full-time employees provide health coverage for their employees by 2014...
The annual National Insurer Report Card published by the American Medical Association (AMA) provides information on the claims revenue cycle activities of the major commercial health insurers and Medicare. AMA recently stated that a change to its report card shows...
What is ERISA? ERISA is something your practice needs to know about. ERISA, or Employee Retirement Income Security Act, is a 1974-enacted Federal Law conceived to protect the pension plan of an employee. However the law went beyond its initial scope since employers...